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Malawi at a Glance

Malawi at a Glance

Location
Malawi is located in South Eastern Africa and is bordered by Tanzania to the North East, Zambia to the West and Mozambique to South East and South
Area 118,485 square km
Demographic Factors
Total population (2005) 12.4 million
Lilongwe City 669,114
Blantyre City 711,233
Mzuzu City 134,399
Zomba City 101,423
Population Density (2005) 104 per square km
Population growth (2005) 1.9%
Life Expectancy 39.1 years
Literacy 58%
Urban population (2005) 13.7%
Economy
Average Exchange Rate US$1 = MK141(Annual Average 2007)
GDP per capita (2007) US$264
GDP at current market prices (2006) MK 342,092.0 million
Real GDP growth (2007) 7.9%
Real GDP growth (2006) 8.2%
Annual Inflation Rate (2007) 8.0%
Annual Inflation Rate (2006) 13.9%
Corporate tax rate (Since 2001) 30%
Exports (FOB) – (2007) US$704.6million
Imports (CIF) – (2007) US$1272.4million
Public External Debt/GDP (2007) 22.6%
GDP composition (2004)
Agriculture 39.1%
Distribution 21.4%
Manufacturing 11.4%
Finance and Professional Services 8.9%
Transport and Communications 5.3%
Mining and Quarrying 0.9%
Infrastructure
Railroads 780 km
Paved Roads 20%
Air Passenger/km 239,000 (2003)
Political
Head of State His Excellency Dr. Bingu Wa Mutharika
Ruling Party Democratic Progressive Party (DPP)
Main Opposition Parties Malawi Congress party (MCP), AFORD and United Democratic Party (UDF)
Independence Day 6th July, 1964
Capital City Lilongwe
Commercial City Blantyre
Official Languages English and Chichewa

Source:
National Statistical Office

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